Cheque Bounce Advisor

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DIGITAL PAYMENT VERSUS CHEQUE PAYMENT

Despite the increasing popularity of digital payments and electronic transfers like UPI & NEFT/RTGS, issuance of Cheques continue to play a significant role in business transactions in India for several reasons: Wide Acceptance: Cheques are widely accepted by businesses and individuals across various sectors, including trade, services, and retail as they offer a simple and … Read more

HOW TO CLEAR CHEQUE BOUNCE?

CHEQUE BOUNCE LAWYERS

Bouncing or dishonour of cheque due to insufficient funds can be cleared subsequently by making the payment of the cheque amount to the Holder along with intimation. We at Cheque Bounce Advisor helps in clearing the payment of the bounced cheque with proper communication and suitable payment modes so as to avoid any future litigation. … Read more

Does Cheque Bounce Affect the CIBIL Score In India?

Does cheque bounce affect the CIBIL score in India?

Though the Cheque Bounce does not affect the CIBIL Score directly as concerned Banks do not report the dishonour of the cheques to major credit rating bureaus including CIBIL directly, however if the cheques issued against repayment of loans from financial institutions & NBFC are dishonoured repeatedly, the said institutions report the payment failure which … Read more